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1. Is QROPS a good idea? Yes, for Indians who have permanently returned from the UK and hold a UK pension. It consolidates your pension into India, eliminates inheritance tax and brings your retirement savings home under Indian tax laws. 2. Who can advise on QROPS? In India, only advisers registered with IRDAI and QROPS […]

The government-backed “unfunded” public sector schemes transfer out is legally blocked • NHS Pension Scheme• Teachers’ Pension Scheme• Civil Service Pension Scheme• Armed Forces Pension Scheme• Police Pension Scheme• Firefighters’ Pension Scheme• UK State Pension (cannot be transferred under any circumstances)  Also Cannot Be Transferred: • Any pension where you have already drawn 25% tax […]

If your pension is a private or workplace pension (defined contribution or defined benefit) you have the legal right to transfer it to an HMRC-approved QROPS in India. Here are the 20+ major UK providers we regularly work with: UK Pension Providers That Allow QROPS Transfer to India 1. Standard Life – One of the […]

For some clients, the question is not whether to transfer their UK pension, it is whether the process will go smoothly. Mr. Kumar, an aeronautical engineer who had spent eighteen years in the United Kingdom, was one such client. He was not uncertain about India’s growth story. He was uncertain about the process itself. That […]

Check the recognized overseas pension schemes notification list: The following schemes in the QROPS List India have been conveyed to HMRC that they meet the conditions to be a recognised overseas pension scheme (ROPS). ROPS Country ABSLI Guaranteed Annuity Plus India Axis Max Life Forever Young Pension Plan India Axis Max Life Guaranteed Lifetime Income […]

For many UK-returned Indians, the question is not whether to transfer their UK pension, it is how to make it work for them here now in the life they are living in India. Mr. Banerjee’s story is a quiet but powerful example of exactly that. The Background Mr. Banerjee spent close to two decades building […]